Assistant Financial Accountant

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

This accountant position forms part of the Multi-Manager Business Finance team and supports the Old Mutual Multi-Manager business and Acsis. The role is mainly responsible for producing accurate monthly statements for statutory and management purposes. The incumbent is individually accountable for achieving results through efforts of others over periods of up to a year.

Key responsibilities will include amongst others:

Financial Reporting

• Compiles and populates records to Trial Balance level (capturing and processing of cashbook entries, preparation and submitting of journal entries, including calculations to support month end accruals, processing of  adhoc journals when required).
• Assist in audit queries.
• Assist in preparation for HFM and Actuarial submission.

Management Reporting

• Provides data required to support analysis of income and expenses in comparison to budget, etc.

Debtors and Creditors

• Processing of supplier invoices and other payments (incl foreign payments).
• Raising and issuing customer invoices.
• Debtor and creditor control (monitoring and follow up of settlement of debtors, and timeous settlement of creditors).
• Compilation of input for BB-EEE Reporting.

Cash management

• Cashflow needs assessment / forecasting.
• Maintenance of bank account list with Treasury and AML Office.

Reconciliations

• Preparation of balance sheet and income statement recons (including intercompany reconciliations in Oracle and HFM).
• Resolves intercompany mismatches.

Tax

• VAT return calculations and submissions.
• Tax return filing.

Other

• Assist in adhoc projects and tasks as required.

Team Effectiveness

• Drive process improvements and simplification in the area of accounting.
• Balances own priorities.
• Individually accountable for own time. Tasks and output quality.
• Enhance and improve group collaboration efforts.

Qualification, Skills and Experience required

• Tertiary BTech / Bcom.
• 2-5 relevant years’ experience, preferably within financial services
• Oracle and Microsoft NAV experience would be useful
• Intermediate Excel skills would be beneficial

Skills

Education

Closing Date

26 October 2024

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19.

All prospective employees are required to disclose their vaccination status as part of the recruitment process.

Please refer to the Old Mutual’s Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so.

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